Farmers Alliance Auto Insurance Review

Farmers Alliance Mutual Insurance offers property & casualty insurance in nine western and mid-western states. Compare auto insurance quotes now by entering your ZIP code below.

Free Auto Insurance Comparison

 Secured with SHA-256 Encryption

Company Details

Address:

1122 North Main

City:
McPherson
State:
KS
ZIP Code:
67460-1401
Phone Number:
+1-620-241-2200
Year Founded
1888
AM Best Rating:
B++ (“GOOD”)
Company Rating 0 (0 reviews)

Mathew B. Sims is Editor-in-Chief and has authored, edited, and contributed to several books. He has been working in the insurance industry ensuring content is accurate for consumers who are searching for the best policies and rates...

Full Bio →

Written by

Dan Walker graduated with a BS in Administrative Management in 2005 and has been working in his family’s insurance agency, FCI Agency, for 15 years (BBB A+). He is licensed as an agent to write property and casualty insurance...

Full Bio →

Reviewed byDaniel Walker
Licensed Insurance Agenthttps://res.cloudinary.com/quotellc/image/upload/insurance-site-images/aiorg-live/d98a9f52-daniel-walker.png

UPDATED: Apr 22, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Things to Remember...

  • Farmers Alliance Mutual (FAM) started in McPherson, Kansas, in 1888
  • The company’s mission is to insure the remaining rural U.S. heartlands
  • Farmers Alliance Mutual maintains a network of 650 or more independent insurance brokers and agents

This Farmers Alliance auto insurance review explores the Kansas-headquartered Farmers Alliance Mutual Insurance Company.

Farmers Alliance Mutual, and the company’s Alliance Indemnity and Alliance Insurance operating units, offers property & casualty insurance in nine western and mid-western states.

The company’s focus remains on  farm and rural business insurance coverage. Kansas remains the company’s biggest market.

Enter your home ZIP code to begin the comparison auto insurance quote process now!

Farmers Alliance Auto Insurance Overview

Farmers Alliance Mutual (FAM) started in McPherson, Kansas, in 1888. Like many of the nation’s oldest insurance companies, it began as a fire insurance company to protect farmers from mutual fire exposure.

The company writes $130 million plus in premiums across the nine-state market. About half of the company’s policies are written as farm insurance.

The company’s mission is to insure the rural U.S. heartland. Farmers Alliance Mutual hopes to retain the best of rural America and its cultures with current technology and loss prevention methodologies.

Free Auto Insurance Comparison

Compare quotes from the top auto insurance companies and save!

 Secured with SHA-256 Encryption

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Farmers Alliance Auto Insurance and FAM Financial Information

Farmers Alliance Mutual suffered its worst year on record in 2008, according to the company’s annual reports. In states where the company insured agribusiness and rural enterprises, storms and floods created net losses (after some reinsurance adjustments) of about $44.5 million.

The company’s combined ratio rose to 109.6 percent vs. 102.2 percent in 2007. The number of net written premiums increased about 1.8 percent in 2008 vs. 2007.

The firm maintained low debt levels, even in the midst of disaster in 2008, reporting a 0.9 to one equity leverage ratio.

In 2008, the world’s financial markets collapsed. Farmers Alliance Mutual’s conservative asset management strategy saw the company in good stead. The firm entered the downdraft in the financial markets with an equity portfolio reduced to just 5.5 percent of equity.

The company reported a net loss of $3.332 million in 2008. No additional financial reports have been posted to the company’s website.

The company works closely with:

 Farmers Alliance Auto Insurance and FAM Agents

Farmers Alliance Mutual maintains a network of 650 or more independent insurance brokers and agents. The independent network is posted on the company’s website.

The independent network regional managers report to the company’s Executive Vice President.

The insurance agents’ offices function as regional offices of Farmers Alliance Mutual.

Interested insurance agents and brokers may contact the company for more information about marketing and the company’s insurance products and services.

The company also hires employees to market and distribute its products and services when appropriate.

Farmers Alliance Auto Insurance Mutual Claims

Customers may report a claim any day of the year. Customers’ independent agents may accept the claim and related information, or they may contact the company directly at +1-620-241-2200 or by fax at +1-620-241-5482.

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Farmers Alliance Auto Insurance Rates

Farmers Alliance Mutual insures a variety of farm and motorized vehicles used in rural businesses throughout their marketplace. Take a moment to initiate a cost comparison of your auto insurance rates today.

If you can drive it, there’s an auto insurance company to provide you with competitive auto insurance quotes. Enter your ZIP code to start the FREE process now!

References:

  1. http://www.fami.com
  2. http://www.fema.gov/
  3. http://www.ibhs.org/
  4. http://www.iiaba.net/
  5. http://www.naic.org/
  6. http://www.namic.org/


FREE Auto Insurance Comparison

Compare quotes from the top auto insurance companies and save!

 Secured with SHA-256 Encryption